prepare trading, profit and loss account and balance sheet for this above question

F-45 7) The following balances appeared in the books of a merchant on 31st December, 2013. the following matters. a) Stock on 31st December 2013 amounted to 15,500 . b) Depreciation on Motor Trucks 20% and Furniture 10\%. c) Write off further amount of 100 as bad debts and maintain the bad debts reserve at 5% on debtors. d) Unexpired insurance 150 . e) Interest accrued on investments 120. (Ans. Gross Profit 34,887; Net Profit 24,077; Balance Sheet Total 1,41,859 )